Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1887-02-04
THAT RAILROAD DEAL.

1here Has Oeen SO MUCH talk anC
lvaporous speculations in the minds
of some of our eitizas,s about the re
cent railroad deal, thatthe Iy,aes fiass
put itself to the trouble 10 cattle,
some facts and figures i'll the matter
that can speak for themselves: Nc
doubt the 1iichmond- Terminal people
my the flattering JUNCTION to Their
souls, that they have "bottlod" the
Norfolk u Western. That was Ger.
tainly part of their game, but when
they 'crack' their bottle. they will
find they corked too soon. -
Allrumors i'll regard to tho con.
templated control of tho Norfolk &
Western Railroad, by the Richmond
" West Point Terminal Company are
without foundation. Tho parties who
own and control the Norfolk IL West.
ern Railroad do not propose to let the
property pass from their hands.
They will devote their attention in
the future rs in the past, to. the de-
velopment of tho great agricultural
aud mineral resources of the State of
Virginia, and make it Virginia's great
trunk line, and to the State of Yir.
'ginin what the Pennsylvania railroad
is to tho State of Pennsylvania. The
earnings of the company increased
during the year Of 1856 nearly $780,
600, the greater portion of which
came from business developed locally
within the state. The increased earn.
inGs for the first twenty days of Jan
uary, 1887, are $4,000.
The outside public do not realize
what this Company is doing for the
State of Virginia AS an instance,
we will take the coal tonnage shipped
from tho mines on it's line during the
years 1883 to 1856, inclusive. The
New River Division was completed TO
tho Pocahontas Flat Top coal field in
May, 1888. and tho first coal was
shipped in June, 1883, and the shin,
ettcoal and coke, BY years have
been rs follows: III 1883, 800 tons:
i'll 1884, 209,5S0 tons; in 1885, G43,-
52S tons; in 1856, $4,000 tons; and
the shipments for 1887 will probably
go to 100000 tons.
The work on the branch road tc
the names OH Little Reed Islnnd
Creek will be commenced next week,
and will open up four or five of the
best iron mines on the Cripple Greek
Extension. Tho branch road TO tho
Hematite Iron Company's iron mines
will be completed by the LIST of
March, and large amount of ore
will be slipped to Pennsylvania fur
naces. Furnaces in Pennsylvania are
now seeking to purchase Cripple
Greek ores in lots of from ten to
thirty thousand tons.
The building of tie extension from
the Pocahontas Flat Top coal fields
to tho Ohio River, to give an outlet
for coal, coke, iron ore md pig iron
to Ohio and tho northwestern states,
will be pushed to nn early compile
ton,
AS to The parties who have pur-
chased the control of the e. L. V. &
G. II. II. cutting OFF the Norfolk &
Western rnilrond mt Bristol, That is
impossible, rs under the third section
of the Inter State Commerce bill they
arc compelled to give it equal facli
ties, and without discrimination in
rates. for all business intercl,nnged
mt that point. Mr.. Coo. CHEF lGngin.
eer of the Norfolk & Western Rail
road, has been directed by President
kimball to put Il corps of engineers
in the field west of Bristol to locate
n line through to Knoxville, thence
west from Knoxville to connection
with the Queen Il Crescent system,
thence on through Nashville to Mem
pills, and work on this line will com
mence at an carly date The line
west OF Bristol will develop country
that is now without railroad facilities,
the local business from which will
support railroad.
The year 1887 will show develop
ments along the line of the Norfolk
4 Western Railroad far exceeding
those of amy year in the past, and the
building of furnaces and the estub-
tul,tnant ~ 4